British Expats - Cash to the UK

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superscot69

Aug 31st 2013 10:24 pm

Cash to the UK

Whats the maximum number of days you can come back to the UK before Mr Cameron wants a wee touch of your hard earned cash is it still 90 max or has it changed to 40 ???

Meow	Sep 1st 2013 5:37 am

Re: Cash to the UK

It entirely depends on your personal situation.

Info on Statutory Residenc Test here: http://financialuae.me/2013/02/12/in...esidency-test/

The_Citizen

Sep 1st 2013 6:17 am

Re: Cash to the UK

Quote:

Originally Posted by Meow (Post 10879942)

It entirely depends on your personal situation.

Info on Statutory Residenc Test here: http://financialuae.me/2013/02/12/in...esidency-test/

Thanks for that link Meow.

Been worrying about this for a while. Was told that for new expats you could not be in the UK for more than 16 days in your first full financial year but reading through you article I should be fine for up to 90 days.

Meow	Sep 1st 2013 6:36 am

Re: Cash to the UK

Quote:

Originally Posted by The_Citizen (Post 10879982)

Who told you that??? You need to be out of the UK for a full tax year, so out both at the start and the end, but you can spend up to 90 days in the UK, depending on your connecting factors.

The_Citizen

Sep 1st 2013 9:16 am

Re: Cash to the UK

Quote:

Originally Posted by Meow (Post 10880002)

Who told you that??? You need to be out of the UK for a full tax year, so out both at the start and the end, but you can spend up to 90 days in the UK, depending on your connecting factors.

I moved out in the middle of last year so started my first full financial year in April 2013.

Someone I know who came back from the UK. I think he has just seen the first part of the new regulations and made his own rules up.

Meow	Sep 1st 2013 9:45 am

Re: Cash to the UK

Quote:

Originally Posted by The_Citizen (Post 10880126)

People often do. ;) A little knowledge is a dangerous thing...

Johnnyboy11

Sep 1st 2013 3:58 pm

Re: Cash to the UK

Quote:

Originally Posted by superscot69 (Post 10879696)

Whats the maximum number of days you can come back to the UK before Mr Cameron wants a wee touch of your hard earned cash is it still 90 max or has it changed to 40 ???

Take your pick here:

Statutory Residence Test Flowchart

ADteacher

Sep 2nd 2013 2:33 pm

Re: Cash to the UK

Wait, I'm confused! If I moved out last week, does my first full tax year start april 2014 and I need to be away til april 2015 but can be in the UK for 90 days in that time?

Johnnyboy11

Sep 2nd 2013 4:47 pm

Re: Cash to the UK

Quote:

Originally Posted by ADteacher (Post 10881895)

Wait, I'm confused! If I moved out last week, does my first full tax year start april 2014 [Yes] and I need to be away til april 2015 [Yes] but can be in the UK for 90 days in that time [No]?

You are liable for full UK tax and NI contributions on all your overseas earnings until you break UK residency, which will be April 6th 2015 at the earliest. See HMRC6 Section 8.5 on the easiest way to do this (working full time abroad for at least a full tax year and limiting UK visits). HMRC may grant a Split-Year-Concession and backdate your UK Non-Residency to the day after you physically left the UK, but again some conditions attach, see HMRC6.

[J]

Meow	Sep 3rd 2013 6:42 am

Re: Cash to the UK

Quote:

Originally Posted by ADteacher (Post 10881895)

Wait, I'm confused! If I moved out last week, does my first full tax year start april 2014 and I need to be away til april 2015 but can be in the UK for 90 days in that time?

Effectively yes. Up to 90 days depending on connection factors. You should be out from the first day of a tax year (6th April) until the last one (5th April).

Some other info you may find of use here: http://financialuae.me/2012/05/03/gu...ated-may-2012/ and http://financialuae.me/2013/02/24/th...he-best-rates/

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